Market Newsdesk

HAMILTON, ON and BOSTON, Sept. 21, 2021 /PRNewswire/ — Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines, today announced the appointment of Eric S. Hoffman, Ph.D. as senior vice president, business development.

“The field of radiopharmaceuticals is experiencing a resurgence of interest and excitement, and Fusion is well-positioned with a platform to create differentiated targeted alpha therapies (TATs) from a wide range of targeting molecules, including antibodies and small molecules,” said Fusion Chief Executive Officer John Valliant, Ph.D. “With the expansion of our pipeline of TATs through both proprietary and partnered programs, expanding our leadership team is a key part of our strategy to meet the growth opportunities in front of us. To that end, Eric brings to our team deep business development and corporate strategy experience, combined with a scientific and finance background.”

Dr. Hoffman has more than 15 years’ experience in the biotechnology industry, most recently acting as chief business officer at Vicarius Pharma, where he led successful business development efforts to in-license European commercialization rights for oncology and other products. Prior to Vicarius, he was chief business officer of Genocea Biosciences where he led business development, alliance management and commercial operations. Prior to Genocea, he was vice president of corporate and business development and executive director of investor relations and corporate communications at Idenix Pharmaceuticals until the acquisition by Merck & Co. Dr. Hoffman was previously director of corporate and business development and director of investor relations at Biogen Idec. He also previously worked for more than five years on Wall Street as a biotechnology equity analyst at JPMorgan Securities and a biotechnology research associate at Bear Stearns International.

Dr. Hoffman was a post-doctoral research associate in the Department of Immunobiology at King’s College in London. He holds a Ph.D. in molecular, cellular and developmental biology with a focus on T cell immunology from Yale University, and a B.S. in biology from Trinity University.

Inducement Equity Awards

Fusion’s Compensation Committee of the Board of Directors approved a grant of stock options to Dr. Hoffman to purchase 151,000 of Fusion’s common shares. Each option was granted as an inducement equity award outside Fusion’s 2020 Stock Option and Incentive Plan and was made as an inducement material to Dr. Hoffman’s acceptance of employment with Fusion. The options have an exercise price of $8.56 per share, which is equal to the closing price of Fusion’s common stock on September 20, 2021. Each option has a ten-year term and vests over four years, with 25% of the original number of shares vesting on the one-year anniversary of the grant date and then in equal installments for 36 months thereafter, subject to Dr. Hoffman’s continued service with Fusion through the applicable vesting dates.

About Fusion
Fusion Pharmaceuticals is a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines. Employing a proprietary Fast-Clear™ linker technology, Fusion connects alpha particle emitting isotopes to various targeting molecules in order to selectively deliver the alpha emitting payloads to tumors. Fusion’s lead program, FPI-1434 targeting insulin-like growth factor 1 receptor, is currently in a Phase 1 clinical trial. The pipeline includes FPI-1966, targeting the fibroblast growth factor receptor 3 (FGFR3), advancing to a Phase 1 study following the recent investigational new drug (IND) clearance; and FPI-2059, a small molecule targeting neurotensin receptor 1 (NTSR1). In addition to a robust proprietary pipeline, Fusion has a collaboration with AstraZeneca to jointly develop novel targeted alpha therapies (TATs) and combination programs between Fusion’s TATs and AstraZeneca’s DNA Damage Repair Inhibitors (DDRis) and immuno-oncology agents. Fusion has also entered into a collaboration with Merck to evaluate FPI-1434 in combination with Merck’s KEYTRUDA^® (pembrolizumab) in patients with solid tumors expressing IGF-1R. Fusion and Hamilton, Ontario-based McMaster University are building a current Good Manufacturing Practice (GMP) compliant radiopharmaceutical manufacturing facility designed to support manufacturing of the Company’s growing pipeline of TATs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fusion-pharmaceuticals-appoints-eric-s-hoffman-phd-as-senior-vice-president-business-development-301381345.html

SOURCE Fusion Pharmaceuticals Inc.

NEW YORK, Sept. 21, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for RWLK, VRDN, CWBR, GOGL, and INDI.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

• RWLK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=RWLK&prnumber=092120211
• VRDN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=VRDN&prnumber=092120211
• CWBR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CWBR&prnumber=092120211
• GOGL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=GOGL&prnumber=092120211
• INDI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=INDI&prnumber=092120211

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-rewalk-robotics-viridian-therapeutics-cohbar-golden-ocean-group-or-indie-semiconductor-301381427.html

SOURCE InvestorsObserver

CHICAGO, Sept. 21, 2021 /PRNewswire/ — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI” or the “Company”), a leading online casino and sports betting company in the United States, today announced the appointment of Tammi Barlow as Director of Corporate Social Responsibility. Ms. Barlow brings over a decade of experience building and managing responsible gaming and corporate social responsibility programs for companies in the gaming industry.

In this new role, Ms. Barlow will lead the development and execution of RSI’s corporate social responsibility strategy, including the continued implementation of the Company’s responsible gaming initiatives as well as promotion and expansion of the Company’s diversity, equity, and inclusion and environmental, social, and governance efforts with internal and external stakeholders. Ms. Barlow reports to RSI’s Chief Compliance Officer, Laura McAllister Cox, a seasoned legal advisor to the gaming industry and regulatory and compliance professional who formally joined the Company earlier this year. Ms. Cox previously supported RSI’s compliance efforts for over five years in her role as Vice President of Regulatory Compliance and Legal Counsel at Rush Street Gaming, LLC.

“As legal online gaming continues to expand across the country, it is critical that our industry’s customers and employees are equipped with the tools and resources necessary to help ensure safe and fun gambling experiences,” said Richard Schwartz, Chief Executive Officer of RSI. “Tammi is a highly experienced executive with a demonstrated history of developing successful responsible gaming programs. RSI remains focused on being at the forefront of this important topic and we are proud to further our commitment to serving as a good corporate citizen with Tammi’s addition to the team.”

Since inception, RSI has prioritized the deployment of best-in-class responsible gaming tools within its products. Recent innovations include faster, transparent, and non-cancellable withdraw and refund processes; regular reviews of customer match criteria to prevent breaches in jurisdictional self-exclusion databases; and the continued integration of prominent responsible gaming messaging in customer-facing communications.  

“I have long admired RSI for its thought leadership and continuous improvement approach to responsible gaming efforts,” said Ms. Barlow. “Together with our partners in the industry, I look forward to educating RSI’s stakeholders on the risks and rewards associated with gambling and empowering them to make smart decisions that create a betting gaming industry and better society.”

Prior to joining RSI, Ms. Barlow served as Director of Responsible Gaming and Corporate Social Responsibility at Caesars Entertainment, Inc. following its acquisition of William Hill PLC. Before that, she was the Head of Responsible Gaming at William Hill PLC and Director of Responsible Gaming and Corporate Social Responsibility at William Hill US. Previously, she served as Manager of Responsible Gaming & Community Relations at International Game Technology (IGT). Ms. Barlow’s career in the gaming industry began as the Manager of Corporate Social Responsibility at Northstar Lottery Group, LLC. She currently serves as a subject matter expert on Nevada Governor Steve Sisolak’s Advisory Committee on Problem Gambling. 

RSI is partnering with and supporting the American Gaming Association’s 2021 observance of Responsible Gaming Education Week taking place September 19-24. The week provides an opportunity for gaming operators to refresh employee training, promote transparency and gaming literacy to customers, and work with community partners on advancing responsible gaming initiatives through events and educational resources.

About RSI
RSI is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.com and PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in ten U.S. states: Pennsylvania, Illinois, New Jersey, New York, Michigan, Indiana, Virginia, Colorado, Iowa and West Virginia. RSI is also active internationally, offering its online casino and sportsbook in the regulated gaming market of Colombia on RushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visit www.rushstreetinteractive.com.

Investors:
[email protected]

View original content:https://www.prnewswire.com/news-releases/rush-street-interactive-names-tammi-barlow-director-of-corporate-social-responsibility-301381331.html

SOURCE Rush Street Interactive

RICHMOND, Va., Sept. 21, 2021 /PRNewswire/ — Blue Ridge Bank, N.A., the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announces its partnership with Mos, a student financial aid fintech company helping students navigate the financial aid application process to reduce student debt and build a healthy financial future.

Mos
 provides students access to every grant and scholarship for which they are eligible, maximizing the funds available to defray the frequently burdensome costs of college. Working with Blue Ridge Bank, Mos added debit card services and a banking app for students to its financial services suite.

Mos
 partnered with Unit, a leader in next generation embedded finance, to build the additional functionality. “Our mission is to help companies offer banking services to their unique audiences, unlock value, and expand financial access for all,” said Itai Damti, Chief Executive Officer of Unit. “Mos has been exceptionally successful at serving the financial needs of students so far. We’re excited to support their expansion into a modern banking experience that speaks its audience’s language and addresses its needs.”

“We are excited about partnering with Mos,” said Brian K. Plum, President and Chief Executive Officer of Blue Ridge Bank. “Our work together reinforces our belief that the evolution of financial service delivery through improved technology enhances the financial lives of users. We have been focused for years on improving financial literacy and outcomes for Americans, and this partnership advances this important work.”

Amira Yahyaoui, Chief Executive Officer and founder of Mos, said “Our mission at Mos is to tear down all financial barriers to opportunity—Blue Ridge Bank enabled us to begin our journey of fulfilling this mission at a faster pace.”

About Blue Ridge Bank:

Blue Ridge Bank, N.A., is the wholly owned banking subsidiary of Blue Ridge Bankshares, Inc. Through its subsidiaries and affiliates, Blue Ridge Bank provides a wide range of financial services including retail and commercial banking, payroll, insurance, card payments, wholesale and retail mortgage lending, and government-guaranteed lending. Visit mybrb.bank to learn more.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/blue-ridge-bank-announces-partnership-with-mos-301381302.html

SOURCE Blue Ridge Bank, N.A.

HAMPTON, N.H., Sept. 21, 2021 /PRNewswire/ — Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, and the Paralyzed Veterans of America, National Council on Independent Living, and American Council of the Blind (collectively “Coalition for Inclusive Fitness” or the “Coalition”) today announced a commitment to expand access to accessible exercise equipment.

“As a leader in the industry and home of the Judgement Free Zone®, it is our mission to provide an inclusive and welcoming environment to anyone who comes through our doors,” said Chris Rondeau, Planet Fitness’ Chief Executive Officer. “People with disabilities face significant barriers when attempting to access health and wellness activities, and it’s clear that health inequity is often due to a lack of access and opportunity. Today’s commitment is another way we are working to eliminate barriers and enhance people’s lives by providing a high-quality fitness experience for everyone.”

The Coalition is focused on working with global organizations to build inclusive health communities that provide people with disabilities equal access to, and opportunities for, healthy living.  Planet Fitness is committed to providing inclusive equipment in all new clubs and adding it to existing clubs across the country as franchise owners replace current offerings, as inclusive commercial grade equipment becomes available for purchase and is approved by Planet Fitness for inclusion in its clubs.

Planet Fitness will enhance the amount and variety of accessible equipment provided at its clubs by adding new inclusive equipment that conforms with ASTM standards as it becomes commercially available for purchase after clearing through a due diligence process, in accordance with set phased-in time parameters. 

This equipment will include:

• An inclusive dual cable strength machine that allows a person to perform multiple exercises from a seated position, including from a wheelchair.
• A recumbent cardio machine where movement of the arms can move the legs, and vice-versa, and, in addition, the seat can be removed so it can be operated from a wheelchair.
• Multiple cardio machines, which, depending upon availability, can include: treadmills, elliptical devices, upright bikes and/or recumbent bikes.
• All new cardio machines will have inclusive features including raised tactile buttons and the ability to receive audible instructions and performance feedback through headphones. This will enable blind users to operate cardio machines independently.

Planet Fitness will also include the inclusive fitness symbol on all accessible equipment, share information about the roll-out of accessible equipment on its website (as it becomes available in its clubs), and continue its practice of providing customer service regarding the use of accessible equipment. 

“We applaud Planet Fitness for this historic commitment to the disability community,” said Richard Thesing, Coalition for Inclusive Fitness’ Chief Executive Officer.  “At the present time, there are no cardio machines that can be used by blind people and very few fitness centers have cardio or strength machines that can be used by people with mobility disabilities. This marks a huge step forward towards providing individuals with disabilities with a truly inclusive fitness experience. We hope this will be the start of an industry-wide effort to provide individuals with disabilities the opportunity to enjoy an accessible fitness experience and take similar steps to making that a reality.”

“People who are blind face a myriad of chronic health conditions due in no small part to the lack of accessible exercise and fitness equipment available in the market today,” said Eric Bridges, Executive Director, American Council of the Blind. “The lack of accessible user interfaces and audible output for nearly all types of exercise and fitness equipment prevents people who are blind and experiencing vision loss from independently operating, purchasing and enjoying the use of fitness and exercise equipment, and thereby taking control of their own health and wellbeing.  ACB applauds Planet Fitness for their collaboration with the disability community, and we encourage other fitness and exercise providers to follow their leadership to enable people with disabilities the freedom to take control of their health.”

“Exercise is for everyone,” said Emily Seelenfreund, Staff Attorney at Disability Rights Advocates – one of the organizations representing the Coalition.  “Planet Fitness’ pioneering commitment to increasing accessibility should serve as a model for fitness facilities across the country.”

“For people with spinal cord injuries and disorders, being able to access exercise equipment that meets their needs can be essential to maintaining an exercise program that increases their strength and endurance for rehabilitation, health, and overall sense of well-being,” said Heather Ansley, Associate Executive Director of Government Relations, Paralyzed Veterans of America.  “We believe that this commitment will help make accessible equipment more available in people’s communities and we are pleased that Planet Fitness has stepped forward to help meet this critical need.”

About Planet Fitness
Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of June 30, 2021, Planet Fitness had more than 14.8 million members and 2,170 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

About Paralyzed Veterans of America
The Paralyzed Veterans of America (pva.org), is a congressionally chartered veterans’ service organization and is the largest organization for veterans with a spinal cord injury, multiple sclerosis, amyotrophic lateral sclerosis and other diseases and conditions resulting in paralysis.

About
The National Council on Independent Living
The National Council on Independent Living (ncil.org), is a national cross disability, grassroots organization run by and for people with disabilities representing thousands of organizations and individuals, including individuals with disabilities, Centers for Independent Living, statewide Independent Living Councils and other organizations that advocate for human and civil rights of people with disabilities throughout the United States.

About
The American Council on the Blind
The American Council on the Blind (acb.org), is comprised of approximately 70 state chapters and special interest affiliates representing a diverse range of groups within the blind community.

About Mobility Fitness
Mobility Fitness’ mission is to ensure that every entity, worldwide, that offers exercise equipment to its patrons will also offer inclusive equipment. mobilityfitness.org

About Disability Rights Advocates:
With offices in New York and California, Disability Rights Advocates is the leading nonprofit disability rights legal center in the nation. Its mission is to advance equal rights and opportunity for people with all types of disabilities nationwide. DRA represents people with all types of disabilities in complex, system-changing, class action cases. DRA is proud to have upheld the promise of the ADA since our inception. Thanks to DRA’s precedent-setting work, people with disabilities across the country have dramatically improved access to education, health care, employment, transportation, disaster preparedness planning, voting, and housing. For more information, visit dralegal.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/planet-fitness-home-of-the-judgement-free-zone-and-the-coalition-for-inclusive-fitness-announce-accessible-exercise-equipment-commitment-benefitting-people-with-disabilities-301381295.html

SOURCE Planet Fitness, Inc.

SAN JOSE, Calif., Sept. 21, 2021 /PRNewswire/ — Sanmina Corporation (NASDAQ: SANM), a leading integrated manufacturing solutions company that manufactures some of the world’s most complex and innovative electronic and optical products, today announced that it is strengthening its focus on its extensive optical, radio frequency (RF) and microelectronics (microE) design and manufacturing capabilities to capitalize on growing demand for highly-integrated technology products. The division has been formalized under a new brand called Advanced Micro Systems Technologies (AMST) and leverages more than 15 years of experience providing mixed technology design and assembly services and best-in-class manufacturing solutions. AMST offers end-to-end solutions to high growth, high value markets, including the communications, 5G, computing, datacenter, medical, automotive and industrial sectors, as demand for highly-integrated technology products continues to grow.

Increased speed and performance requirements are driving technology needs for integration that pack highly complex, high speed, mixed technology solutions into dramatically smaller form factors. AMST utilizes Sanmina’s strong history of vertical integration expertise and provides end-to-end services to Original Equipment Manufacturers and component suppliers including design, simulation, process and test development, prototyping, design validation, product qualification and manufacturing across its global footprint.

“We’re very excited to strengthen our focus under the new AMST name,” said Eric Sislian, VP of the AMST division at Sanmina. “Integrating our leading optical, RF and microE capabilities into a cohesive ecosystem and leveraging our strengths in design, engineering and advanced global manufacturing into a comprehensive end-to-end service offering enables us to develop compelling technology roadmaps that help our customers win in their respective markets.”

Sanmina has a strong history of developing mixed technology products, integrating RF and optical technologies that utilize its microelectronic design and assembly capabilities. Extensive packaging expertise enables solutions in customer and industry defined footprints – from microelectronic packages, to small form factor subsystems and board level solutions.

“AMST is well positioned to support growing industry demand for silicon photonics, 5G mmWave and multi-chip packaging solutions that integrate optical, RF and mixed-signal technologies in high-density form factors,” said Mike Landy, President and COO of IMS Worldwide at Sanmina. “It represents the culmination of more than 15 years of experience developing product and process solutions and we will continue making strategic investments in this area to support customer growth.”

The AMST division has product development and high-volume manufacturing capabilities across the United States, Canada, Mexico, China and Thailand.

About Sanmina

Sanmina Corporation, a Fortune 500 company is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, cloud solutions, industrial, defense, medical and automotive. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.

Sanmina Safe Harbor Statement

The foregoing, including the discussion regarding the Company’s future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales principal customers, the ability of Sanmina to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company’s actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in our Company’s Annual and quarterly reports filed with the Securities Exchange Commission.

Logo: https://mma.prnewswire.com/media/10544/SANMINA_CORPORATION_LOGO.jpg

View original content:https://www.prnewswire.com/news-releases/sanmina-strengthens-focus-on-extensive-optical-rf-and-microelectronics-capabilities-301381321.html

SOURCE Sanmina Corporation